Standard Deviation Formula

Standard deviation is a measurement of the variability of a data set against the mean.

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This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.

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Net Operating Income Formula

Net operating income (NOI) is a formula real estate investors use to determine the profitability of a potential real estate investment or other investment. The net operating income formula subtracts your annual gross operating income from your annual operating expenses to see how much cash flow a property or business generates.

Novation Contract

Put simply, a novation contract is drawn up when an agreement between two parties is altered by a third party taking the place of one of the original parties.

Pivot

To pivot is to change direction. It usually involves adopting a new strategy or testing out a new concept.